Canada

Barrick faces fresh opposition to executive pay plan

Cecilia Jamasmie | April 24, 2015
Barrick facing fresh opposition to executive pay plan

The Canada Pension Plan Investment Board will vote against the gold miner’s executive compensation structure next week.

Canadian mining chairman Jim Doak found dead in Mongolia

Cecilia Jamasmie | April 24, 2015
Canadian mining chairman Jim Doak found dead in Mongolia

Doak, the chairman of Toronto-based uranium exploration and development company Khan Resources, was found dead Thursday morning in his hotel room.

Clinton, Giustra push back against New York Times' Uranium One story

Michael Allan McCrae | April 23, 2015
frank giustra statement uranium one new york times

"If this is what passes for investigative journalism in the United States, it is very sad."

Newmont Mining earnings are 50 pct higher in Q1

MINING.com Editor | April 23, 2015
newmont q1 gold

Outlook is unchanged.

Russia took control over 20% of US uranium after Uranium One’s associates made lavish contributions to Clinton Foundation

Vladimir Basov | April 23, 2015
new york times profile uranium one clinton

The sale gave the Russians control of one-fifth of all uranium production capacity in the United States.

Barrick changes plan to halt Zambia mine over royalties row

Reuters | April 23, 2015

Barrick Gold Corp. has backtracked on its decision to suspend operations at its Lumwana open pit copper mine in Zambia after the cabinet reduced mining royalties.

Cash flowed to Clinton foundation as Russians pressed for control of uranium company

New York Times | April 23, 2015

The headline in Pravda trumpeted President Vladimir V. Putin’s latest coup, its nationalistic fervor recalling an era when its precursor served as the official mouthpiece of the Kremlin: “Russian Nuclear Energy Conquers the World.”

Kyrgyz minister stepping down over failure to settle Kumtor mine issues

Cecilia Jamasmie | April 23, 2015
Kyrgyz minister stepping down over failure to settle Kumtor mine issues

Prime Minister Joomart Otorbaev resigned after hours of heated debate in parliament over the government’s performance last year.

Low diamond prices push Anglo American to cut output

Cecilia Jamasmie | April 23, 2015
Low diamond prices push Anglo American to cut output

The global miner trimmed its forecast from 32m-34m carats to 30m-32m because of “current trading conditions”.

Chile to fine Barrick over ten new environmental violations

Cecilia Jamasmie | April 23, 2015
Chile to fine Barrick over ten new environmental violations

The country's Superintendence for the Environment (SMA) also said the miner has not properly monitored the impact on nearby glaciers.

How to make money in renewable energy: NBF's Rupert Merer

The Mining Report | April 22, 2015

Rupert Merer analyzes that growing energy sector for National Bank Financial and tells The Mining Report why betting on the future of renewables is a prudent strategy for profit growth.

Beyond oversupply: steelmakers need higher-quality iron ore

CEO.CA | April 22, 2015

All iron ore is not created equal.

Oilprice.com

Is this where investors should be looking when oil recovers?

Oilprice.com | April 22, 2015

When oil prices recover-and plenty of analysts think the climb back up will start soon-Canada's western frontier of Saskatchewan and neighboring Alberta will 'still have the edge', according to a report from TD Economics.

AME BC pleased with federal budget 2015

AMEBC | April 22, 2015
AMEBC pleased with federal budget

“We are very pleased to see the federal government’s commitments to extend the Mineral Exploration Tax Credit through March 2016 and to expand the eligibility of Canadian exploration expenses,” says David McLelland, Chair of AME BC

Sean Jones

This is what happens to an oil company's social license obligations when profits dive

Sean Jones | April 21, 2015
csr

In under a generation, social licence commitments have moved from a nice-to-have community relations extra to a regulatory necessity.

Lucara Diamond unearths 342-carat rock at its mine in Botswana

Cecilia Jamasmie | April 21, 2015
Lucara Diamond unearths 342-carat rock at its mine in Botswana

The gem will be sold along with two other greater than 100 carat diamonds, also recovered at Lucara's Karowe mine.

Rick Rule: Better deals for oil investors as US, Canada have less available capital

Sprott's Thoughts | April 21, 2015

Rick took at a stance in January that went against many investors’ contrarian instincts. He said to stay away from oil and gas for the time being.

Teck cuts dividend as coal continues downward slide

Business in Vancouver | April 21, 2015
Teck cuts dividend as coal continues downward slide

Canada’s largest diversified miner says slashing the dividend by two-thirds will allow it to keep generating positive cash flow.

VIDEO: Imperial Metals posts Hazletine Creek clean-up work

Michael Allan McCrae | April 20, 2015
mt polley Hazeltine Creek rehabilitation imperial metals

The company has submitted plans to restart the mine.

Slow start to year for gold miners

Financial Post | April 20, 2015

The first-quarter earnings season, which kicks off for the senior gold miners later this week, is traditionally the sector’s weakest quarter of the year, and 2015 should be no different.

Tsilhqot’in leader wins $175,000 environmental prize

Business in Vancouver | April 20, 2015
Taseko Mines buying Curis Resources for Arizona copper project

Marilyn Baptiste, a Tsilhqot’in First Nation councillor who was on the front lines in the fight against the Prosperity and New Prosperity mine is in San Francisco has received an international environmental award worth $175,000.

It’s official: Zambia scales back mining royalties to 9%

Cecilia Jamasmie | April 20, 2015
It’s official: Zambia scales back mining royalties to 9%

The announced changes will be effective on July 1, once parliament has approved them.

Allana Potash held talks with Chinese construction giant before ICL deal

Financial Post | April 20, 2015

China’s largest construction company was in talks to buy a controlling stake in Allana Potash Corp. that was worth more than the takeover bid the junior miner eventually accepted.

Kyrgyzstan aborts plans to grab Centerra’s Kumtor mine, but wants more say

Cecilia Jamasmie | April 17, 2015
Kyrgyzstan aborts plans to grab Centerra’s Kumtor mine, but wants more say

A long-discussed 50/50 joint venture with Centerra doesn't seem to be in Kyrgyzstan's plans any longer.

North Montney Mainline project approval brings Pacific NorthWest LNG closer to reality

Business in Vancouver | April 16, 2015

Canada’s National Energy Board (NEB) has recommended approval of the $1.7 billion North Montney Mainline Project, effectively moving Petronas one step closer to making a positive final investment decision (FID) on the Pacific NorthWest LNG (PNW LNG) project.

Thousands stand up for Canadian mine threatened with closure in Greece

Cecilia Jamasmie | April 16, 2015
Thousands stand up for Canadian mine threatened with closure in Greece

About 4,000 people protested Thursday in Athens against the government decision to revoke Canada's Eldorado Gold Corp.'s licence to develop a gold mine in Skouries.

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